Short Interest in Perimeter Medical Imaging AI, Inc. (OTCMKTS:PYNKF) Expands By 27.4%

Perimeter Medical Imaging AI, Inc. (OTCMKTS:PYNKF) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 374,038 shares, an increase of 27.4% from the December 15th total of 293,501 shares. Based on an average daily volume of 158,915 shares, the days-to-cover ratio is presently 2.4 days. Based on an average daily volume of 158,915 shares, the days-to-cover ratio is presently 2.4 days.

Perimeter Medical Imaging AI Stock Performance

OTCMKTS PYNKF opened at $0.26 on Friday. Perimeter Medical Imaging AI has a 52-week low of $0.11 and a 52-week high of $0.62. The company has a 50-day simple moving average of $0.20 and a 200 day simple moving average of $0.18.

About Perimeter Medical Imaging AI

Perimeter Medical Imaging AI is a developer of real-time intraoperative margin assessment solutions for surgical oncology. The company’s flagship OTIS™ system combines high-resolution optical coherence tomography (OCT) hardware with proprietary AI-driven image analysis to deliver detailed, volumetric scans of excised tissue. By providing surgeons with immediate feedback on tissue margins, Perimeter’s platform aims to reduce re-excisions and improve patient outcomes in breast and other solid tumor surgeries.

At the heart of Perimeter’s offering is its MarginAI™ software, which leverages deep learning algorithms trained on extensive tissue image databases to automatically detect residual tumor presence within minutes.